
Cheap Student Apartments for Rent in Champaign, IL from $300 (176 Rentals)
Student Housing Options in Champaign.
Cheap Apartments in Champaign.


59JOH

506 E. White Champaign

607 W Green St

Pfeffer Apartments - NOW LEASING AUGUST 2026

THE ALCOVE @ SECOND & JOHN

705 S 1st St

1002SEC

811 W Hill St

Castle Property Services
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Create a productive work-from-home apartment setup, even in a small space or studio. Discover layout ideas, desk solutions, and organization tips that actually work.

Yugo Champaign South 3rd Lofts

Garden Court

Total Monthly Price
1009 S 2nd St

Total Monthly Price
West Quad

1008 S. 4th

410 E. Green St by Bankier Apartments

Pacifica on Green

202 E. Green St by Bankier Apartments

Legacy202

Maywood Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Lancaster Apartments

Burnham 310

Latitude | Student Housing

BRAND NEW The Station @ 505 S Fifth

Colonial Village

Total Monthly Price
Seven07

Midtown Center

The Dean Campustown

Alley Lofts at The Pilot

905 South Locust Street
Renting with Roommates: Realistic Expectations for Shared Lease
Sharing a lease? Learn how to set clear expectations with your roommates on routines, bills, and cleaning to ensure a successful and peaceful shared living arrangement.

509 E. Green St by Bankier Apartments

706 S Locust St

Smith Apartments @ 1004 South Locust

305JOH

The Gardens at 304 E Clark

Smith Apartments @ 201 East Armory

Woodcrest

312 E White St

502 E White St

Smith Apartments @ 58 East Armory
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

205 E. Green

Clark Street Studios

1106 Euclid St

306 E Clark St

1005 S 1st St

207 S Fifth

108 S 4th St

806 S 3rd St

Chalmers Manor

105 E John St
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Champaign, IL Local Guide

How much does it cost to rent an apartment in Champaign?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Champaign Studio Apartments | $1,454 | $615 | $2,290 |
| Champaign 1 Bedroom Apartments | $1,305 | $499 | $2,419 |
| Champaign 2 Bedroom Apartments | $1,390 | $685 | $2,645 |
| Champaign 3 Bedroom Apartments | $1,462 | $600 | $2,900 |
| Champaign 4 Bedroom Apartments | $1,480 | $635 | $3,800 |
Explore Champaign
Champaign, IL Local Guide
- Champaign Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Champaign, ILPopulation: 88,029
Ranked #377
in US Census Population by City
Best Local Schools in Champaign, IL
Westview Elementary School
Centennial High School
Jefferson Middle School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Champaign, IL Rentals by Map
See the most popular apartments and homes in Champaign, IL
Frequently Asked Questions about Cheap Champaign Apartments
What is a cheap apartment in Champaign?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Champaign is under $850.
What is the price of a cheap apartment in Champaign?
The cheapest apartment in Champaign is Parker Glen which is listed at $499, while the average apartment in Champaign costs $2,009.
What types of apartments are the cheapest in Champaign?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 69 regular apartments in Champaign that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Champaign?
Cheap apartments in Champaign have an average cost of $1,138 which is $871 cheaper than the average rent for all rentals in Champaign.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.